AcquisitionsThe acquisition of Hydradyne is expected to contribute significantly to AIT's growth story, with projected sales and EBITDA expected to be accretive to earnings per share.
EarningsApplied Industrial Technologies reported a strong performance with F2Q earnings per share exceeding both internal estimates and consensus expectations.
Financial HealthAmple capacity remains for additional mergers and acquisitions, as well as other capital deployment opportunities, indicating strong financial health.